MCX trading session delayed by one hour due to technical glitch

The trading normally starts at 9 am, but has been pushed to 10 am today due to the technical issue, MCX said in a statement issued shortly before the opening hour of trade.

"The end-of-day processes for yesterday's trade date have been delayed due to some technical issue and hence the special session will start at 9:45 AM and the market will start at 10 AM today," MCX said.

MCX timings

MCX, as a commodity derivatives transaction platform, usually operates for around 14.5 hours a day on all weekdays. There are two trading sessions – the morning session lasting from 9:00 am to 5 pm, and the evening session commencing from 5:00 pm and concluding at 11:30 pm.

Notably, trading for agri-commodities is available only in the morning session that concludes at 5 pm.

However, trading is permitted in other commodities, such as crude and other energy products; and gold, silver and other metals till 11:30 pm. Depending on daylight saving time, trading in the evening session can be permitted up to 11:55 pm between the months of November and March.

In the quarter ended March 2024, MCX had reported a net profit of ₹87.8 crore, as against a net loss of ₹5.4 crore in the year-ago period. The exchange's revenue from operations had increased 35% year-on-year to ₹181.1 crore in the final quarter of FY24.

The board of MCX, along with the solid Q4 results, had declared a final dividend of ₹7.64 per equity share for FY24.

Notably, MCX shares listed on the NSE were trading at ₹3,959.7 apiece at 09:36 am today, up 0.32% as against the last closing price.